483 infra projects show cost overruns of ₹4.43 lakh cr
The Hindu
Delay in land acquisition, obtaining clearances and Covid-19 induced lockdowns have been cited as reasons for the overruns
As many as 483 infrastructure projects, each worth ₹150 crore or more, have been hit by cost overruns totalling more than ₹4.43 lakh crore, according to a report. The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth ₹150 crore and above. Of the 1,781 such projects, 483 reported cost overruns and 504 were delayed.More Related News